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Analysis of criteria weights for the assessment of corporate sustainability: a case studyin sugar manufacturing |
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| รหัสดีโอไอ | |
| Creator | 1. Panitas Sureeyatanapas 2. Jian-Bo Yang 3. David Bamford |
| Title | Analysis of criteria weights for the assessment of corporate sustainability: a case studyin sugar manufacturing |
| Publisher | Faculty of Engineering, Khon Kaen University |
| Publication Year | 2559 |
| Journal Title | KKU Engineering Journal |
| Journal Vol. | 43 |
| Journal No. | 3 |
| Page no. | 135-145 |
| Keyword | Multiple criteria analysis,Relative weight,Corporate sustainability,Sustainability assessment,Decision making |
| ISSN | 0125-8273 |
| Abstract | The assessment of sustainability performance has become a topic widely discussed by business practitioners. The complexityof this issue is highlighted by the incorporation of a large number of criteria. Several methods under the context of MultipleCriteria Decision Analysis (MCDA) have been employed to facilitate the aggregation of various criteria and to provide aguideline for decision making. As most MCDA methods assume that each criterion plays a role equal to its weight, this paperinvestigates the weight of each criterion in evaluation of corporate sustainability by focusing on the sugar industry in order torespond to the lack of MCDA and sustainability studies in this sector. The weighting is analysed by means of the relativeimportance based upon interviews and the direct rating technique. Statistical analysis is also conducted. The results from thisempirical research indicate priorities of sustainability criteria and demonstrate the diversity of concerns within the industrywhen deciding on sustainability policies and strategies. This encourages practitioners to incorporate uncertain weights ofsustainability criteria into decision making. Possible reasons for variations or changes in weights have been also discussed,and this enables practitioners to perform a sensitivity analysis in a more realistic way. |